ETF Versus

SPLG vs XLP

State Street SPDR Portfolio S&P 500 ETF vs State Street Consumer Staples Select Sector SPDR ETF

Last updated: 2026-04-10

SPLG SPDR

State Street SPDR Portfolio S&P 500 ETF (SPLG) is an exchange-traded fund issued by SPDR that provides exposure to large-cap U.S. equities across growth and value styles. Launched in 2009, the fund has a 17-year track record.

AUM: N/A ER: N/A Yield: N/A Since: 2009-01-02
XLP SPDR

State Street Consumer Staples Select Sector SPDR ETF (XLP) is an exchange-traded fund issued by SPDR that provides exposure to us sector - consumer staples securities. It charges a low expense ratio of 0.08%. The fund offers an attractive dividend yield of 2.63%. Launched in 1998, the fund has a 28-year track record.

AUM: $14.5B ER: 0.08% Yield: 2.63% Since: Dec 16, 1998

Quick Verdict

SPLG has a slightly lower expense ratio (0.00% vs 0.08%), saving about $159 per $10,000 over 10 years. Over the past year, SPLG has significantly outperformed with a 29.7% return vs 4.3%.

Key Metrics

Metric SPLG XLP
Expense Ratio N/A 0.08%
Dividend Yield N/A 2.6%
Fund Family SPDR SPDR
Category US Large Cap Blend US Sector - Consumer Staples

Performance Chart

Indexed to 100 at start (5-year comparison)

85 102 119 136 153 170 2021-04 2022-07 2023-10 2024-12 2026-04
SPLG +65.4%
XLP +19.4%

Performance Comparison

Period SPLG XLP Difference
1 Month +0.54% -2.20% +2.74%
3 Months -2.18% +3.17% -5.35%
6 Months +2.59% +6.28% -3.69%
YTD -0.46% +6.48% -6.94%
1 Year +29.69% +4.25% +25.44%
3 Years +66.15% +9.45% +56.70%
5 Years +65.40% +19.39% +46.01%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period SPLG Fees XLP Fees You Save
$10,000 10 years $0 $159 $159
$10,000 20 years $0 $686 $686
$10,000 30 years $0 $2,212 $2,212
$50,000 10 years $0 $797 $797
$50,000 30 years $0 $11,061 $11,061
$100,000 30 years $0 $22,123 $22,123

Risk Metrics

Based on 5 years of daily returns

Metric SPLG XLP
Annualized Volatility 16.9% 13.2%
Max Drawdown -25.4% -17.8%
Sharpe Ratio 0.42 -0.01

Dividend Comparison

Metric SPLG XLP
Annual Dividend (per share) $0.88 $2.18
Dividend Yield 1.10% 2.63%
Distribution Frequency Quarterly Quarterly

Top Holdings

XLP Top Holdings

NameWeight
Walmart Inc.WMT12.01%
Costco Wholesale CorporationCOST9.72%
The Procter & Gamble CompanyPG7.23%
The Coca-Cola CompanyKO6.42%
Philip Morris International Inc.PM5.32%
Mondelez International, Inc.MDLZ4.79%
Altria Group, Inc.MO4.57%
PepsiCo, Inc.PEP4.57%
Colgate-Palmolive CompanyCL4.31%
Target CorporationTGT3.70%

Which One Should You Choose?

Choose SPLG if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose SPLG if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

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